The9 is a holding company. Through its subsidiaries, Co. primarily operates and develops proprietary or licensed online games, primarily mobile games, and TV games. Co. is operating the following online games in China: Legend of Immortals, which is Co.'s proprietary massively multiplayer online role-playing games (MMORPG) game; and The World of Kings, which is a licensed MMORPG game. We show 1 historical shares outstanding datapoints in our NCTY shares outstanding history coverage, used to compute NCTY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NCTY market cap history over the course of time is important for investors
interested in comparing NCTY's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of NCTY versus a peer is one thing; comparing
NCTY market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like NCTY can fluctuate over the course of history.
With this page we aim to empower investors researching NCTY by allowing them to research the NCTY market cap history. |
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Video: The Importance of Market Cap
